NumeriX Unveils Version 6.1 of its Pricing and Risk Analytics Software Solution

New York - 10 September 2007

Latest version highlighted by support for new cross-currency, credit, equity and hybrid models

NumeriX, the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, inflation rate and equity derivatives, today announced the availability of NumeriX 6.1, the enhanced version of its award winning analytics software solution. Available immediately, NumeriX 6.1 features support for new cross-currency, credit, equity and hybrid models. As a result, traders will have access to the industry’s most comprehensive analytics solution for pricing and structuring instruments on demand.

Highlights of NumeriX 6.1 include:

• New equity and equity-hybrid basket models for forward and backward pricing
• New local-intensity credit basket model for pricing tranche options
• New cross-currency LIBOR Market Model (LMM)
• New backward pricing model for interest rate and equity derivatives
• Improved stability of backward lattice pricings

“We are constantly looking for new ways to make pricing complex instruments and products simpler and quicker for our customers,” said Kevin Samborn, senior vice president, integration and services at NumeriX. “Smart traders looking for a competitive advantage in a volatile market must gather and analyze accurate market data from across a wide variety of asset classes. NumeriX 6.1 gives our customers the additional tools they need to price even the most complex, arbitrary structures across the asset classes we support.”

NumeriX provides the industry’s most sophisticated cross asset pricing platform for traders, quants and risk managers of derivatives and structured products. NumeriX allows users to structure complex derivatives using a proprietary scripting language and a wide range of model and calibration options.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development